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    1365 E Union Ave Litchfield, IL 62056

    For Sale
    $355,000

    3,297 SF office building with excellent parking and access.

    Property size:
    3,297 SF
    Lot size:
    0.95 Acres

    Property Features for 1365 E Union Ave

    General Information

    Size
    3,297 SF
    Lot size
    0.95 Acres

    Source: BARBERMurphy Agent Katie Bush

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Building For Sale

    This 3,297 SF professional office building is available for sale. The space can potentially be divided for a future owner/user with tenants or utilized as a single user. The building features 8 offices, men’s and women’s restrooms, a kitchenette, bull pen, large conference room, reception, and waiting area. It offers excellent parking and quick access to IL-55. The office is located in a highly visible location near St. Francis Hospital, in a high traffic count area on IL Route 16 (E Union Ave), and just minutes from I-55 (exit 52) and shopping and numerous amenities. Adjacent and rear lots are willing to be subdivided; contact broker for pricing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pritchard Osborne LLC Tax Preparation Service KEB Certified Public Accountant Suhrenbrock David Levi ... Accountant

    Suggested Use

    Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Litchfield
    County
    Montgomery
    State
    Illinois
    Longitude
    -89.633744
    Latitude
    39.178036

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    FAQs

    What type of property is this?
    Office building - 3,297 SF office building with excellent parking and access.
    Where is this office building located?
    The property is located at 1365 E Union Ave Litchfield, IL.
    What is the asking price?
    The asking price for this property is $355,000.
    What are key features of this property?
    This property features: - Highly visible location near St. Francis Hospital with high traffic count on IL Route 16 (E Union Ave).; - Quick access to IL-55 (exit 52).; - **3,297 SF professional office building** suitable for single or multi-tenant use.
    (618) 277-4400
    Request Owner's contact information
    1365 E Union Ave Litchfield, IL 62056
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    Litchfield, IL 62056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1365 E Union Ave Litchfield, IL 62056
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